Digest

New Energy Minister Lord Hunt called last night for more dialogue between the offshore oil and gas industry and the Treasury over the tax breaks needed to maximise the extraction of North Sea resources.

Varel International has expanded the company’s current roller cone manufacturing facility in Matamoros, Mexico, through the addition of a new state-of-the-art tungsten carbide insert production facility.

A recent project by Aberdeen-based performance improvement business Exceed for North Sea oil and gas operator Talisman Energy (UK) Limited has helped deliver significant efficiency savings and improved productivity.

BG Group has announced an alliance with EXCO Resources, Inc., a US oil and natural gas exploration and production company.

Bonanza Oil and Gas, Inc. has provided an update on its Apclark project located in Borden County, TX.

Westerly Exploration, operator for the Apclark Field, moved on location June 12, 2008 for the Jackson #1. The well was »

Range Resources Corporation has closed the sale of its West Texas Fuhrman Mascho properties located in Andrews County, Texas for $182 million. The transaction is subject to certain post-closing adjustments.

Valiant Petroleum plc has announced that first oil from the Don Southwest field (the "Field") has been achieved and the two production wells are on-stream.

Matra is pleased to announce that it's 100% owned Russian subsidiary "OOO" Arkhangelovskoe, which operates the Arkhangelovskoe License, applied for and has now received formal approval from the relevant Russian »

Expro has secured a $500,000 contract to provide its PassiveSONARâ„¢ clamp-on flow meters to enhance shuttle tanker loading and offloading operations in the North Sea.

ARKeX has been awarded a contract to perform the first ever marine BlueQube gravity gradiometry survey off the western coast of Greenland.